Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2024; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
AVENUE DISTRIBUTION from Sint-Gillis (bij-Brussel), company number BE0552970472, closed financial year 2024 with a result of € -68,505 after tax. For that financial year AVENUE DISTRIBUTION recorded a gross margin of € 87,237 and equity of € 24,823. Compared with financial year 2023, the result moved from € 4,146 to € -68,505. The company made a loss. The buffer shrank hard: equity is 73 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2025.
€ 24,823
▼ 73% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,505
▼ still € 4,146 profit in 2023
Profit after tax over the fiscal year.
€ 16,001
▲ 237% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4,823.
People and assets in 2024
€ 97,465
▲ 53% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,004
▲ € 7,889 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 61,482
▲ 72% vs 2023
Loans from banks and other lenders, long and short.
€ 1,757
▼ 97% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 40,039
▲ 223% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 233,176 | € 94,937 | € 79,330 | € 87,237 | ▲ 10% |
| Profit after taxes | € 20,056 | € -20,606 | € 4,146 | € -68,505 | ▼ € 72,651 |
| Equity | € 109,788 | € 89,182 | € 93,328 | € 24,823 | ▼ 73% |
| Total debts | € 385,862 | € 258,264 | € 188,623 | € 130,702 | ▼ 31% |
| Cash | € 3,138 | € 23,522 | € 4,748 | € 16,001 | ▲ 237% |
| Retained profit | € 89,788 | € 69,182 | € 73,328 | € 4,823 | ▼ 93% |
| Bank debt | € 125,572 | € 70,567 | € 35,675 | € 61,482 | ▲ 72% |
| Balance sheet total | € 495,650 | € 347,446 | € 281,951 | € 155,525 | ▼ 45% |
Key figures of AVENUE DISTRIBUTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to AVENUE DISTRIBUTION?
What happened at AVENUE DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
AVENUE DISTRIBUTION is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 68,505 (▼ € 72,651 vs 2023). filed late Source: NBB ↗
- CYCLE HOME srl became a director. NBB
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
In short
From € 20,056 profit in 2021 to € 68,505 loss in 2024.
Paid € 597 in corporate taxes since 2021.
Best year ever: 2021, with € 20,056 profit.
A new publication or filing at AVENUE DISTRIBUTION? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CYCLE HOME comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AVENUE DISTRIBUTIONBehind AVENUE DISTRIBUTION is CYCLE HOME srl. The shares are held by CYCLE HOME.
Directors
According to the 2024 annual accounts
Director
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Charleroise Steenweg 190 box B
1060 Sint-Gillis (bij-Brussel)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0552.970.472
- VAT number
- BE 0552.970.472
- Registered office
- Charleroise Steenweg 190 bus B, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- AVENUE DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 27 May 2014
- Peppol
- Not registered
- Contact
- hub.brussels
- Activities · NACE
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